Get a Personal Loan in case of Medical Emergency via Upwards

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Personal loan for Medical Emergency

Life is unpredictable and a medical emergency can crop up anytime. The best way to overcome such a situation is to get a personal loan. With the rising medical expenses, it can get difficult for an individual to manage funds for the cost of treatment that he or his loved has to undergo. And in case of a serious illness, even a medical insurance policy does not suffice the cost of treatment. During such times, availing a personal loan for meeting your medical expenses is the best solution one can opt for. Getting a medical loan in India is convenient, fast and easy with Upwards. Following a few simple steps online helps you cater to all your medical requirements by offering you quick access to funds, even on the go!

Provide all the required documents for KYC without fail.

Each lender irrespective of whether it’s a bank or any other non-banking financial companies (NBFC’s) has a common
eligibility documents requirement. Until a potential customer’s KYC documents are provided and verified by the financial institution
or NBFC, they won’t be allowed to avail any of the latter’s services. When it comes to taking a personal loan in India, lenders will
require common KYC documents such as PAN card, bank statement, salary slip, in addition to an address proof such as a utility bill.

To get a medical loan in India, you have to submit the follwoing documents: Aadhar card,PAN card, Last 3 months salary slip along with your bank statement and address proof

What is NACH registration and is it necessary process to follow when applying for a medical with Upwards?

Yes, NACH registration process is important when applying for a medical loan with Upwards as it authorizes the banks to directly debit the EMI amount from your bank account. However, this process can be done only after your loan amount is approved by Upwards.

Do I have to submit any medical proof for availing a medical loan from Upwards?

No, you do not have to submit any medical certificate for availing a loan from Upwards.